He said the fact that Biffle is running second in points has not accelerated the deal.
“We wanted to get it done over the winter," Smith said Sunday at Martinsville Speedway. “We like to get them done so they don’t become a distraction of the team in terms of the race season."
The contracts for Edwards and Ragan, as well as those with the companies sponsoring their cars, end after the season is over. Smith indicated that the team would like to sign the sponsor and driver at the same time. He said the team also is working with a sponsor to finalize the Biffle deal.
“For us, there’s a money equation that has to be met," Smith said. “The sponsor has to pay [a certain amount] in order for us to pay the driver and so forth. We close all of that out at the same time." More at Scenedaily.com